5 Worst Sectors to Avoid This Week

energy services, distributors, and marine among the sectors with the most "sell" calls

On the Portfolio Grader database this week, the energy services, marine, construction and engineering, distributors and electrical equipment sectors are among the worst.

With 91% of its stocks (51 out of 56) rated “sell,” the energy services sector is struggling this week. CARBO Ceramics (CRR), Tidewater (TDW) and Transocean (RIG) are all currently earning F’s. CARBO Ceramics is the worst performer in this sector, with an 80% decline in the last 12 months.

The marine sector is trailing behind others this week, with 75% of its stocks (6 out of 8) rated a “sell”. With an overall grade of F, Golden Ocean Group Ltd (GOGL), Seaspan Corporation (SSW) and Kirby Corporation (KEX) are weighing down the sector.

The construction and engineering sector is dragging, with 67% of its stocks (14 out of 21) rated a “sell”. Empresas ICA SAB de CV Sponsored ADR (ICA), KBR, Inc. (KBR) and Jacobs Engineering Group (JEC) are dragging down the sector overall, each earning a low grade of F. Over the last 12 months, Empresas ICA SAB de CV Sponsored ADR is the worst performer in this sector, with a 69.8% decline.

The distributors sector looks weak, with 60% of its stocks (15 out of 25) rated a “sell”. NOW Inc (DNOW) and Beacon Roofing Supply, Inc. (BECN) are dragging down the sector overall, each earning a low grade of F. WESCO International, Inc. (WCC) currently ranks D.

The electrical equipment sector is lagging this week with 59% of its stocks (16 out of 27) rated a “sell”. Among electrical equipment stocks, General Cable Corporation (BGC), GrafTech International Ltd (GTI) and Encore Wire Corporation (WIRE) are lingering near the bottom with grades of F. General Cable Corporation is the worst stock in its sector, with the company’s share price falling 40% in the last 12 months.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.